Amazon.com, Inc. (NASDAQ:AMZN) is trading up with a percentage change of 2.14% and is at $673.98 right now. The Company’s market capitalization stands at $348.24 Billion in the current trading Session whereas, its outstanding shares are 471.83 Million.

Recent Press Release:

Amazon.com, Inc. (AMZN) on April 28, 2016 declared financial results for its first quarter ended March 31, 2016.

Common shares outstanding plus shares underlying stock-based awards totaled 490 million on March 31, 2016, contrast with 483 million one year ago.

Net sales raised 28% to $29.1 billion in the first quarter, contrast with $22.7 billion in first quarter 2015. Apart From the $210 million unfavorable impact from year-over-year changes in foreign exchange rates throughout the quarter, net sales raised 29% contrast to first quarter 2015.

Operating income was $1.1 billion in the first quarter, contrast with $255 million in first quarter 2015.

Net income was $513 million in the first quarter, or $1.07 per diluted share, contrast with net loss of $57 million, or $0.12 per diluted share, in first quarter 2015.

Chevron Corporation (NYSE:CVX)

Stock’s Trading Stats:

Chevron Corporation (NYSE:CVX) is surging 0.04% percent and is at $102.37 in the Real-Time trading session. The stock’s market capitalization stands at $192.64 Billion with outstanding shares of 1.88 Billion.

Recent Press Release:

Chevron Corporation (CVX) on April 29, 2016 stated a loss of $725 million ($0.39 per share – diluted) for first quarter 2016, contrast with earnings of $2.6 billion ($1.37 per share – diluted) in the 2015 first quarter. Foreign currency effects reduced earnings in the 2016 quarter by $319 million, contrast with a boost of $580 million a year earlier.

UPSTREAM

Worldwide net oil-equivalent production was 2.67 million barrels per day in first quarter 2016, contrast with 2.68 million barrels per day in the 2015 first quarter. Production increases from project ramp-ups in the United States, Nigeria and other areas, and production entitlement effects in several locations, were offset by the Partitioned Zone shut-in and normal field declines.

U.S. upstream operations incurred a loss of $850 million in first quarter 2016 contrast to a loss of $460 million from a year earlier. The decrease was because of lower crude oil and natural gas realizations, partially offset by lower operating expenses.

The company’s average sales price per barrel of crude oil and natural gas liquids was $26 in first quarter 2016, down from $43 a year ago. The average sales price of natural gas was $1.32 per thousand cubic feet, contrast with $2.27 in last year’s first quarter.